Product Manager II, DeFi Borrow

Overview

Ready to be pushed beyond what you think you’re capable of?

At Coinbase, our mission is to increase economic freedom in the world. It’s a massive, ambitious opportunity that demands the best of us, every day, as we build the emerging onchain platform — and with it, the future global financial system.

To achieve our mission, we’re seeking a very specific candidate. We want someone who is passionate about our mission and who believes in the power of crypto and blockchain technology to update the financial system. We want someone who is eager to leave their mark on the world, who relishes the pressure and privilege of working with high caliber colleagues, and who actively seeks feedback to keep leveling up.

We want someone who will run towards, not away from, solving the company’s hardest problems.

Our work culture is intense and isn’t for everyone. But if you want to build the future alongside others who excel in their disciplines and expect the same from you, there’s no better place to be.

While many roles at Coinbase are remote-first, we are not remote-only. In-person participation is required throughout the year. Team and company-wide offsites are held multiple times annually to foster collaboration, connection, and alignment. Attendance is expected and fully supported.

The DeFi Borrow team empowers millions of customers to unlock liquidity from their crypto assets directly within the Coinbase Consumer app. By architecting the bridge between Coinbase's robust centralized platform and premier onchain lending protocols, you will deliver a simple, secure, and highly scalable DeFi borrowing experience—complete with sophisticated collateral management, real-time loan health monitoring, and effortless repayment, in service of making Coinbase the best place for people to get the most out of their crypto and access better financial services.

You will define the next generation of onchain credit products and give customers the power to access the funds they need without selling their investments.

What you’ll be doing

• Own product area end-to-end, from vision and strategy through execution, launch, and ongoing iteration for DeFi Borrow.

• Define and drive the multi-year roadmap for crypto-backed loans on Coinbase, from initial borrow flows to advanced loan management, refinements, and new product surfaces across web and mobile.

• Set clear OKRs across multiple work streams (e.g., loan origination, positions/loan management, balances and performance, liquidation, and observability) and drive cross‑functional collaboration to achieve them.

• Partner closely with Engineering to ship resilient, scalable borrowing experiences—spanning core loan workflows, loan state tracking, liquidation monitoring, and observability—while balancing speed, safety, and reliability.

• Work with Risk, Compliance, Legal, and Finance partners to ensure DeFi Borrow products meet regulatory, risk, and controls expectations while preserving an excellent customer experience.

• Maintain a rigorous operational bar through launch runbooks, on‑call preparedness, degraded‑UI strategies, and incident playbooks that keep DeFi Borrow reliable through market volatility and edge cases.

• Champion a “crypto‑forward” product approach—leveraging onchain data, protocols, and primitives to build differentiated borrowing experiences that could only exist in the cryptoeconomy.

• 5+ years of Product Management experience, with a track record of shipping impactful consumer or prosumer financial products at scale.

• Experience building or scaling complex financial or lending products (e.g., margin, credit, secured loans, DeFi borrowing) where you balanced user experience, risk, and business performance.

• Comfort with technical systems and onchain concepts; you can partner effectively with engineers working on smart contracts, loan workflows, and integrations with internal services and external protocols.

• Proven ability to define and drive multi‑quarter strategy: set a clear narrative, translate it into roadmaps and experiments, and deliver measurable results against growth and portfolio‑health goals.

• Strong analytical and product…